Sweater
Growth Stage
Invest Alongside Seasoned VCs
Overview
Platform
Dalmore Group
Start Date
01/16/2023
Close Date
03/31/2023
Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment
$1,000
Security Type
SAFE
Series
Series A
Funding Type
RegCF
Valuation Cap
Uncapped
Discount Rate
10%
Location
Berthoud, Colorado
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Sweater is raising funds on Dalmore Group. It is a venture capital fund that invests in various asset classes to empower the founders and companies. The company pools the capital of its members and invests it into emerging technology and product companies looking for growth. Sweater has an expertly crafted portfolio and requires a minimum investment of only $500. Jesse Randall, Chad Lewkowski, and Matthew Klein founded Sweater in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing and growth, technology, team growth, fund operations, and overhead expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,274,270 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$625,109 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$629,680 |
$0 |
|
Short-Term Debt |
$77,469 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$77,469 |
$0 |
Financials as of: 01/16/2023
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